Markets, business, and economic intelligence for Southeast Asia
SOUTHEAST ASIA EDITIONPrivate credit, funds, and the global financial firms whose moves ripple into the region.
Indonesian digital bank Superbank is leaning on its integration with ride hailing giant Grab and unusually competitive deposit rates to pull in savers, even as CEO Tigor Siahaan warns that a crowded digital banking market is headed for serious consolidation.
Tim ·
Fox Tungsten is fully cashed up for their ongoing drilling program, is in possession of a standout asset, and has considerable long-term value in a critical market. And make no mistake, folks – FOXT…
Adrian Sydenham ·
A new Deloitte forecast projects Asia Pacific's financial services industry will generate 4.8 trillion dollars in economic value by 2035, overtaking the United States, with China expected to lead the region on both scale and innovation as its economy and household wealth keep expanding.
Tim ·
Bank Indonesia is extending its domestic payment network into credit cards through a system called Kartu Kredit Indonesia, working with local banks to keep transactions onshore. It is a quiet but pointed move to loosen the grip of the American card giants on Southeast Asia's largest economy.
Tim ·
Holdings of short-term corporate debt at Japanese firms have doubled in two years to a 17-year high. It is a small, technical shift with a large meaning, the return of active cash management to a country that spent a generation with no reason to bother.
Tim ·
Citigroup and JPMorgan are joining Japan to co-finance 4.61 billion dollars of gas-fired power plants in Pennsylvania and Texas. It is the first time American banks have taken part in Tokyo's vast investment pledge to the United States, and it shows where Japanese capital is being steered.
Tim ·
